DATOMS, an industrial IoT platform for enterprises and OEMs, has raised ₹25 crore (about $2.76 million) in a Series A funding round led by Vietnam-based investment firm Big Capital JSC.
The round also saw participation from Indian venture capital firm IvyCap Ventures and a follow-on investment from YourNest Venture Capital.
DATOMS had earlier raised ₹3.5 crore in a pre-Series A round last summer with participation from Operators Studio and APT Research. Ridik Capital, Warmup Ventures, and BeyondSeed are among existing investors that backed the company in previous rounds.
The fresh funds raised will be used to strengthen its product and technology, expand into new markets, and build teams across engineering, data science, operations, and enterprise sales. The company will also enhance its AI and analytics capabilities, improve automation features, and accelerate development of predictive maintenance, performance optimisation, and energy management solutions.
Founded in 2021 by Amiya Samantaray, Asish Sahoo, Nataraj Sahoo, and Amrit Biswal, DATOMS operates across industrial IoT, energy technology, and enterprise software with a focus on improving performance in asset-heavy businesses.
DATOMS provides a unified intelligence layer that turns physical machines into connected and trackable assets across their full lifecycle. The platform allows enterprises and OEMs to connect machines, monitor performance in real time, predict failures, improve energy use, and manage service operations across stakeholders.
DATOMS’ platform is used in quick commerce dark stores, logistics warehouses, healthcare environments like MRI and CT scan rooms, and supports industrial plants, commercial facilities, and infrastructure operators in sectors such as cement, steel, mining, and manufacturing. It helps reduce downtime, lower energy use, and improve efficiency. The company partners with OEMs to integrate its platform into machines, enabling monitoring throughout the asset lifecycle.
Over the past year, the company has more than doubled revenue as enterprise customers expanded usage. DATOMS now monitors over 25,000 machines and aims for 1 lakh within a year, marking a shift to repeatable enterprise deployments.
In the next three years, DATOMS plans to grow with existing clients, enter new industries, enhance AI prediction, scale in India, and expand internationally, building a leading operational intelligence platform for connected machines. With offices in Bhubaneswar and Bengaluru, DATOMS works with more than 100 customers globally.
Amiya Samantaray, Founder and CEO, DATOMS, said, “We believe the next decade belongs to intelligent machines. This funding accelerates our mission to transform industrial assets into connected, self-aware systems that deliver measurable business outcomes. This investment validates our vision of turning connected machines into intelligent economic participants.”
Vikram Gupta, Founder & Managing Partner, IvyCap Ventures, said, “We are pleased to support DATOMS as it scales its Industrial IoT and AI-driven platform for asset-intensive industries. The team has shown strong execution in building solutions that enhance efficiency, optimize performance, and unlock measurable value. We look forward to partnering with them as they expand their capabilities and market presence.”
Girish Shivani, Executive Director and Fund Manager at YourNest Venture Capital, said, “We believe the next decade will be defined by how effectively organizations harness their data. DATOMS is building critical infrastructure at the intersection of data and AI, enabling enterprises to unlock measurable value from complex data ecosystems. The market tailwinds are strong, and DATOMS has demonstrated both product-market fit and execution capability. We look forward to supporting their ambitious roadmap.”
